Krugman talked about "death panels" helping to rescue the federal budget and later explained what he meant at his blog:
(W)hat I said is that the eventual resolution of the deficit problem both will and should rely on “death panels and sales taxes”. What I meant is thatWhen Medicare and Medicaid "decide what they're willing to pay for"--including "how much we're willing to pay for extreme care," that's exactly what Sarah Palin was talking about when she applied the label "death panel." It is, after all, the making life-or-death decisions based on economics.
(a) health care costs will have to be controlled, which will surely require having Medicare and Medicaid decide what they’re willing to pay for — not really death panels, of course, but consideration of medical effectiveness and, at some point, how much we’re willing to spend for extreme care
(b) we’ll need more revenue — several percent of GDP — which might most plausibly come from a value-added tax
"Not really death panels, of course."
No, of course not. It's more a "death board-of-directors" or something.
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